Argentina Public Consumption: % of GDP

Key information about Argentina Public Consumption: % of GDP

• Argentina Public Consumption accounted for 14.1 % of its Nominal GDP in Sep 2024, compared with a share of 15.2 % in the previous quarter.
• Argentina Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2024, with an average number of 14.7 %.
• The data reached an all-time high of 19.7 % in Dec 2015 and a record low of 9.9 % in Jun 2004.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2004. Government Consumption as % of Nominal GDP prior to Q1 2004 is based on previous benchmark year 1993.


Related information about Argentina Public Consumption: % of GDP

• In the latest reports, Argentina GDP expanded 1.2 % YoY in Mar 2023.
• Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 94.1 % in Mar 2023.
• Argentina GDP Per Capita reached 13,659.4 USD in Dec 2022.
• Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 18.4 % in Sep 2024.
• Private Consumption accounted for 66.8 % in Sep 2024.

View Argentina's Public Consumption: % of GDP from Mar 1993 to Sep 2024 in the chart:

What was Argentina's Public Consumption: % of GDP in Sep 2024?

Argentina Public Consumption accounted for 14.1 % of its Nominal GDP in Sep 2024, compared with a share of 15.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
14.1 Sep 2024	15.2 Jun 2024	9.9 Jun 2004	19.7 Dec 2015	%	quarterly	Mar 1993 - Sep 2024

Public Consumption: % of GDP by Country Comparison

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